Sentences with phrase «authorized participants taking»
If it is an exchange - traded fund, then the question becomes how well are authorized participants taking advantage of the spread to make the fund track the index well?
Closed - end funds tend to trade with higher volatility from their NAV than ETFs because ETFs have authorizedparticipants that actively follow the shares and take action to reconcile the price in the open market when it deviates from the NAV.